WeeklyTrader

Gap Review of Recent USOIL movement

FX:USOIL   Crude Oil (WTI)
82 0 4
It's really interesting to see the power of the Gap, no matter down or up.
And once the Gap was closed above or below daily, then the resist/support function switches.
Based on the theory, we can long or short once you had a clear closed-signal about the gap.
Meanwhile we have to see some gaps in history by draw a ray from them.
So this week USOIL             closed above Gap on Nov 30th,2015.
In my opinion, there is a great probabilty that USOIL             will retest 41.83 or 39.62.
Both positions are good entrys for long.
Trade safe. No news is good news.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out